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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 235 $ 315
Restricted cash 2 3
Receivables —    
Customer notes and accounts, net 1,418 1,294
Other 24 27
Inventories —    
Finished goods 348 349
Work in process 282 268
Raw materials 190 178
Materials and supplies 78 74
Prepayments and other 348 291
Total current assets 2,925 2,799
Other assets:    
Long-term receivables, net 12 9
Goodwill 47 49
Intangibles, net 21 22
Deferred income taxes 215 204
Other 158 144
Total other assets 453 428
Plant, property, and equipment, at cost 4,027 4,008
Less — Accumulated depreciation and amortization (2,402) (2,393)
Plant, property and equipment, net 1,625 1,615
Total Assets 5,003 4,842
Current liabilities:    
Short-term debt (including current maturities of long-term debt) 78 83
Accounts payable 1,813 1,705
Accrued taxes 42 45
Accrued interest 14 14
Accrued liabilities 326 287
Other 125 132
Total current liabilities 2,398 2,266
Long-term debt 1,381 1,358
Deferred income taxes 11 11
Pension and postretirement benefits 261 268
Deferred credits and other liabilities 153 155
Commitments and contingencies (Note 8) 0 0
Total liabilities 4,204 4,058
Redeemable noncontrolling interests 38 42
Tenneco Inc. Shareholders’ equity:    
Common stock 1 1
Premium on common stock and other capital surplus 3,118 3,112
Accumulated other comprehensive loss (608) (541)
Retained earnings (accumulated deficit) (864) (946)
Total shareholders equity before treasury stock 1,647 1,626
Less — Shares held as treasury stock, at cost 930 930
Tenneco Inc. shareholders’ equity 717 696
Noncontrolling interests 44 46
Total equity 761 742
Total liabilities, redeemable noncontrolling interests and equity $ 5,003 $ 4,842